MAIRE has announced that Kinetics Technology (KT) has been awarded an EPC project by HOLBORN Europa Raffinerie GmbH (HOLBORN) to develop a hydrotreated vegetable oil (HVO) complex within HOLBORN’s refinery in Hamburg, Germany.
Upon completion, the plant will produce approximately 220,000 tonnes per year of high-quality renewable diesel and sustainable aviation fuel (SAF) using waste and residue feedstocks, biomasses, residues from the agribusiness industry, and low-carbon hydrogen.
The plant, including pre-treatment and HVO units, and interconnecting infrastructure with existing facilities, is expected to be operational by early 2027. The contract is valued at approximately US$400 million.
HVO, also known as renewable diesel, is derived from waste and residue feedstocks and processed to mimic the chemical properties of fossil-based diesel. It reduces reliance on petroleum and lessens environmental impact. Globally used as a drop-in biofuel in diesel vehicles without engine modifications, renewable diesel significantly cuts greenhouse gas emissions compared to fossil-based diesel, aligning with the sustainability criteria of the European Union’s Renewable Energy Directive (RED III).
MAIRE will leverage its sustainable technology solutions and integrated E&C solutions’ engineering and execution capabilities to deliver the HVO complex. This project promises enhanced operational efficiency and reduction in carbon footprint for the HOLBORN Refinery.
Alessandro Bernini, CEO of MAIRE Group, remarked, “This milestone underscores MAIRE Group’s role in the energy transition and its capability to address decarbonization challenges in challenging sectors.”